What does it do apart from guide any leaking fluid into the clutch?

Is has that long extension tube over the input shaft for what reason? Why don't they put another bearing near the end to support the shaft better?
The front bearing being a round ball type cannot prevent some rocking motion in the shaft so why does no-one make a twin ball or cylindrical type roller bearing conversion?
I'm wondering if it's possible to have a new retainer made which will hold a bigger or even 2x oil seals and maybe a bronze bush near the pointy end.
Or, is there something amiss inside the gearbox which should be preventing this movement in the shaft in the first place?